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Wuthering Waves Developer Kuro Games Backed By Tencent

Author : Victoria
Dec 11,2024

Wuthering Waves Developer Kuro Games Backed By Tencent

Tencent's strategic acquisition of a 51% controlling stake in Kuro Games, the developer behind the popular action RPG Wuthering Waves, marks a significant expansion of its gaming portfolio. This follows earlier rumors and culminates in Tencent acquiring a 37% share from Hero Entertainment, becoming the sole external shareholder.

Kuro Games has reassured its employees, in an internal memo, that its operational independence will remain intact, mirroring Tencent's approach with studios like Riot Games and Supercell. This decentralized management style allows for creative autonomy while leveraging Tencent's considerable resources.

This investment aligns with Tencent's established pattern of significant acquisitions in the gaming industry. The company already holds stakes in major players such as Ubisoft, Activision Blizzard, and FromSoftware, further solidifying its position as a dominant force in the global gaming market. The acquisition significantly strengthens Tencent's presence in the adventure RPG sector.

Wuthering Waves itself continues to thrive, with the ongoing version 1.4 update introducing new content including the Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can also utilize available in-game codes for additional rewards.

The upcoming version 2.0 update promises even more exciting additions, including the introduction of the new nation Rinascita, along with new characters Carlotta and Roccia. Crucially, the game will finally launch on PlayStation 5, expanding its reach across all major platforms.

Tencent's investment provides Kuro Games with enhanced long-term stability, fueling future development and growth for Wuthering Waves and subsequent projects. The partnership positions both entities for continued success within the competitive gaming landscape.

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